Building a Business Case for QMS Investment
Life Sciences manufacturers are faced with enormous challenges in managing quality and compliance. The expectation of quality teams to add value across the entire business has never been greater, supporting key enterprise-wide initiatives, accelerating product innovation and time-to-market, and delivering a mission-critical cross-functional service.
The right quality management system (QMS) can help deliver value and increase an organization’s overall agility, scalability and productivity. However, with many manufacturers focused on managing costs, you need a strong business case to gain buy-in for any QMS investment.
Consider QMS Investment Options vs. QMS Requirements
If you’re on the team responsible for product quality and regulatory compliance, you might have already decided that your organization needs to invest in its QMS to overcome specific challenges. But how do you determine the right level of investment? The necessary investment will depend on whether you want to expand an existing QMS solution or implement a new one. Each option requires its own evaluation and mapping-to-requirements and will involve additional tasks or components in your business case calculations.
Some QMS requirements can quickly determine initial QMS investment options:
Requirements for Expanding an Existing QMS
Requirements for Implementing a New QMS
QMS Deployment Options
Traditionally, QMS solutions are focused on managing, tracking and reporting a company’s quality management processes, including incident management, corrective and preventive action (CAPA), audit management, complaint handling and change control. Advances in technology—and evolving regulatory requirements—drove the adoption of?QMS software.
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Customer needs prompted QMS vendors to add additional capabilities, such as document management and training management. A decade ago, QMS software solutions were hosted only on-premises. Since then, advances in technology have led to the development of cloud-based QMS solutions. Innovation like this has opened more QMS options than previously available. There are now typically three main options for QMS deployment:
Modern on-premises QMS
Hybrid QMS environment
Fully Digital Cloud
Get Started on Building Your Business Case for QMS Investment Today
Your QMS should be a vital part of your overall digital strategy. As a result, many companies now evaluate their current and future QMS needs against a QMS digital maturity model.
Download the white paper to learn how to apply this QMS digital maturity model and for more insights into making your business case QMS investment, including identifying key stakeholders, tips for ensuring a compelling and competitive case and actionable steps for building your business case.